Datastudy Doubles Revenue.PARSIPPANY, N.J.--(BUSINESS WIRE)--July 16, 1998-- Parsippany, N.J. Firm Forecasts 100 Percent Revenue Growth DataStudy, a leading consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a in the evaluation, selection and implementation of financial and human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. software, will achieve $30 million in revenue from the implementation of solutions in 1998, an impressive gain that patently solidifies the firm's leadership position in the industry. DataStudy expects to post $30 million in revenue during 1998, double the amount ($14.7 million) posted in 1997. The consulting firm's revenue has increased at a staggering rate since 1992 when DataStudy posted about $1 million in client/server An architecture in which the user's PC (the client) is the requesting machine and the server is the supplying machine, both of which are connected via a local area network (LAN) or wide area network (WAN). revenue and about $4 million in mainframe revenue. DataStudy's dramatic revenue growth reflects the trend of more and more businesses aggressively seeking flexible IT solutions to streamline administrative duties, increase productivity and trim costs in both accounting and HR departments. "Our revenue growth is really quite exciting and revealing," said Tom Garvin Tom Garvin (1944- ) is an Irish political scientist and historian. He is Ermitus Professor of Politics in University College Dublin. He is an alumnus of the Woodrow Wilson International Center for Scholars in Washington, DC and a member of the Royal Irish Academy. , DataStudy's Senior Vice President. "The figure shows that DataStudy has successfully managed its growth to squarely square·ly adv. 1. Mathematics At right angles: sawed the beam squarely. 2. In a square shape. 3. meet the expectations of our customers, as well as the ever-changing Adj. 1. ever-changing - marked by continuous change or effective action changing dynamic, dynamical - characterized by action or forcefulness or force of personality; "a dynamic market"; "a dynamic speaker"; "the dynamic president of the firm" landscape of IT solutions." DataStudy, by continuing to forge forge Open furnace for heating metal ore and metal for working and forming, or a workshop containing forge hearths and related equipment. From earliest times, smiths (see smithing) heated iron in forges and formed it by hammering on an anvil. strategic partnerships with vendors, expects to build upon its foundation of providing world-class business solutions. Their current list of software partners includes: Lawson, PeopleSoft, Oracle, Microsoft and Seeker. In 1999, DataStudy expects to expand this roster to include additional partnerships. "Our partnerships are a core component of our success," Garvin said. "DataStudy's reputation as a leading consulting firm for open systems gives our customers tailored solutions at the most practical costs. This is of particular advantage to those who need to make changes quickly due to Year 2000 compliance regulations." Headquartered in Parsippany, NJ, with offices in Irvine, CA and Boca Raton Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , FL, DataStudy is a leading provider of evaluation, selection and rapid implementation of financial and human resources software. The company offers a wide range of services including: business re-engineering, software design, project management, customization, upgrade support and efficiency tuning. For more information on DataStudy, please call Tom Garvin at (973) 402-7802.
CONTACT: Barbara Brown
R&J Integrated Marketing Communications
(973) 331-1070
(973) 331-1077 (fax)
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